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Listing photo of 3985 BLOOR STREET W

Toronto

Detached in Toronto

$1,499,900

3985 BLOOR STREET W, Toronto, M9B1M2

MLS Number: W13804720

Beds

2

Baths

2

Listing

For Sale

Type

Detached

Square Feet

1,100 - 1,500

BUY ONE. BUY TWO. BUY ALL FOUR. Individual redevelopment opportunity on Bloor Street West, newly priced at $1,499,900. This 40 x 150 ft lot offers approximately 6,000 sq. ft. of land on a Toronto Major Street, minutes from Kipling and Islington subway stations and the Kipling Mobility Hub. Toronto's evolving EHON Major Streets planning framework supports increased low-rise residential intensification on qualifying properties along Major Streets, creating an opportunity for builders and developers to explore a small-scale multi-residential project on this deep, well-proportioned site. Buyer to independently verify all zoning, density, unit count, garden suite potential, servicing, permitting and development requirements. The opportunity can also scale. The three adjacent properties at 3985, 3987 and 3989 Bloor Street West are separately available, allowing a purchaser to acquire one property or assemble two, three or all four sites. Combined-site information, including lot dimensions and parcel mapping, is available for purchasers evaluating a larger development opportunity. Hold while you plan: the existing well maintained brick bungalow offers 3+1 bedrooms, a finished basement, private drive, attached garage and parking for three, providing potential rental income during the planning and approvals process. A rare opportunity to acquire an individual development site or create a larger land assembly, along a transit-supported stretch of Bloor Street West in rapidly intensifying Islington-City Centre West.

Location

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3985 BLOOR STREET W, Toronto, M9B1M2

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Nearby Schools

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Down Payment

$299,980

Mortgage Amount

$1,199,920

Principal + Interest

$6,938 / mo

5-Year Term Payments

$416,276

Estimated Monthly Carrying Cost

$7,588

Includes principal, interest, property tax, condo fees, and heating estimates.

This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.

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